benny just blinked, page-23

  1. 10,404 Posts.
    can't the FED find an equilibrium point?

    I hear that they are installing one of those super computers (well if NASA and NSA have one?) to work out just when to pull the pin on QE.

    Now that would require a special kind of computer considering just how far into the mire the FED has landed. Calculations include:

    bond market interest rates
    official interest rates
    when will China stabilize it's economy
    the EZ mess
    touchy markets in orbit
    the Japanese yen kamikaze
    a high USD
    how to dump the balance sheet assets (liabilities)
    balance of payments
    who is the new CEO
    whose turn is it to make the coffee
    etc.

    Now if the super computer can come up with a solution that doesn't give us a lifetime of deflation or toxic asset inflation then go Ben, go.

 
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